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Tow Mates Limited

15506309

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

386 LONDON ROAD, READING, RG6 1BA
Incorporated 20/02/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49410
Freight transport by road

Officers

Mr Ali Fateh

secretary · Since 06/11/2025

Mr Hamza Nawaz

director · Since 06/11/2025

SECURITY GUARD

PAKISTANI · ENGLAND · Age 28

Persons with Significant Control

Mr Ali Irtaza Fateh

75–100% shares
75–100% votes
Appoint directors

Pakistani · England · Age 34

386, London Road, Reading, RG6 1BA

Notified 20/02/2024

CompanyRankvs 45003+ SIC 49410 peers
32

Financial strength16th percentile among SIC peers · 4/25
Employees26th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.89× · 6/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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45003Tow Mates Limited
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How is this score calculated?
Financial strength4/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees4/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity3/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 28/02/2025

Net Worth

-£381

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£381

Working capital

Current Assets

£3k

Current Liabilities

£3k

1avg. employees

Balance Sheet

Assets less current liabilities-£381
Prepared with v2025.74.1 micro_entity_frs_105_v1_1_3 filing

EstimatesDerived

YearCurrent Ratio
20250.89

Derived from filed accounts. Not audited figures.